24.05.2025 12:50
The globally recognized bank HSBC has issued a buy recommendation for the Turkish Lira. This recommendation from HSBC has attracted attention in the financial markets and could have a significant impact on the value of the Turkish Lira. This situation will also influence Turkey's economic future.
The international financial institution HSBC stated in its analysis regarding the Turkish economy that high-yield Turkish bonds offer significant opportunities for investors. Strategists noted that Turkey has become an attractive center due to the increase in risk appetite and cautious monetary policies.
REAL INTEREST RATES AND RISK MANAGEMENT IN TURKEY STAND OUT
In a note dated May 23, the high real interest rates in Turkey and the successful management of market volatility were emphasized. HSBC indicated that particularly 5-year Turkish lira-denominated government bonds are suitable for investment. The entry yield for these bonds was determined to be 35.09%, the target 32.50%, and the stop-loss level 36.
EMPHASIS ON POLITICAL SUPPORT FOR ORTHODOX MONETARY POLICY
HSBC strategists Kristian Bolso and Robert Preston noted that Turkey's orthodox monetary policy contributes to market stability and continues to receive political support. The rapid recovery of the markets following the political tensions in Istanbul in March was attributed to the effective management of policymakers.
SOUTH AFRICA ALSO ON THE LIST
HSBC highlighted not only Turkey but also South Africa. The institution pointed out the investment potential in the country's 2-year government bonds, emphasizing that high real interest rates and inflation-targeting reforms have increased investor confidence.
INTEREST IN BOND INVESTMENTS IS RISING
HSBC's assessment indicates that interest in high-yield emerging market bonds may increase in global markets. Countries focused on reforms, such as Turkey and South Africa, stand out as safe and profitable options for investors.